Sunday, September 29th, 2024

Day: September 8, 2024

Automobile – China

Automobile – China Weekly: PV Sales Rebound By 10% yoy; Beat Expectations China’s PV insurance registrations rebounded by 10% yoy and 13% wow to 514,134 units in the week of 26 Aug-1 Sep 2024....

99 Speed Mart Retail (99SMART MK): Offering Speedy Returns from Stable Growth

99 Speed Mart Retail (99SMART MK): Offering Speedy Returns from Stable Growth Recommendation: BUY Target Price: RM2.00 Date of Recommendation: September 9, 2024 IPO Price: RM1.65 Broker Company: UOB Kay Hian Investment Thesis: 99...

Seatrium: Capitalizing on Offshore Opportunities in Brazil’s Oil & Gas and Wind Sectors

Seatrium (SGX: STM): Capitalizing on Offshore Opportunities in Brazil’s Oil & Gas and Wind Sectors Recommendation: BUY Target Price: S$2.31 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: Seatrium...

Contemporary Amperex Technology Co. Ltd

Contemporary Amperex Technology Co. Ltd. (CATL, 300750 CH): Dominating the Global EV Battery Market Recommendation: BUY Target Price: RMB250.00 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: CATL remains...

Geely Automobile Holdings Ltd

Geely Automobile Holdings Ltd (175 HK): Positioned for Strong Growth with New Model Launches Recommendation: BUY Target Price: HK$13.00 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: Geely is...

XPeng (9868 HK): Sustained Losses Amid Growth Challenges

XPeng (9868 HK): Sustained Losses Amid Growth Challenges Recommendation: SELL Target Price: HK$18.00 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: XPeng faces ongoing financial challenges, with sustained losses...

BYD (1211 HK): Leading the EV Market with Expanding Sales

BYD (1211 HK): Leading the EV Market with Expanding Sales Recommendation: HOLD Target Price: HK$220.00 Date of Recommendation: September 9, 2024 Broker Company: UOB Kay Hian Investment Thesis: BYD continues to outperform in the...

Singapore Notable Transactions

Institutional Inflow: Institutions were net buyers of Singapore stocks between Aug 30 and Sep 5, with S$328 million in net institutional inflow. Half of this inflow was recorded on Aug 30, coinciding with the...

Wee Hur Holdings Ltd. (SGX) has shown significant stock price movements

Wee Hur Holdings Ltd. (SGX) has shown significant stock price movements, mainly driven by strong earnings and corporate activities. One significant factor was the company’s disposal of a stake in one of its subsidiaries...

AnAn International Limited (SGX) has experienced notable volatility and a sharp 60% increase in stock price.

AnAn International Limited (SGX) has experienced notable volatility and a sharp 60% increase in stock price. This rise occurred despite the company’s longer-term financial struggles, including a significant 73% drop in profits reported earlier...